Does vaping affect your insurance?

What may surprise you is that the cost of life insurance would roughly double if you vape. In other words, the insurance company believes you are twice as likely as someone who does not vape or smoke to die due to related health risks such as heart disease, cancer, and lung disease, raising your rates proportionately.

As vaping becomes more common, insurance companies are adjusting their policies to account for the increased risk. Insurers treat vaping the same as smoking, resulting in higher premiums for both.

Generally, you’ll be classified as a smoker if you’ve used any nicotine products, including e-cigarettes, in the past 12 months. This includes if you consider yourself a casual Saturday-night-only vaper.

Honesty is crucial when applying for insurance; misrepresenting your smoking habits could lead to policy cancellation or denied claims.

Our advice

Be transparent about your vaping habits to ensure your insurance policy remains valid, protecting your loved ones when they need it most the worst thing would be paying premiums and at claim time is gets denied for non disclosure.

If you stop vaping or smoking for 12 months, you can request your insurance is changed to a non-smoker classification.

Key take-aways:

– Vaping is often treated the same as smoking by insurers.

– You must quit nicotine products for 12 months to apply as a non-smoker.

– Always be honest on your insurance application to avoid denied claims.

– If you are unsure, tell us everything, and we will be able to tell you whether you should be classed as a smoker or not.